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Who buys the United Kingdom’s platinum-group metals? Export destinations 2024

In 2024, the United Kingdom exported $3 billion of platinum-group metals (99 tonnes), 6.7% of the world total. Its main destinations were North Macedonia (34%), Hong Kong (11%) and the United States (9%). The United Kingdom was the world’s 4th-largest exporter of platinum-group metals.

Summary

Value
$3billion
Tonnes
99tonnes
Share of world total
6.7%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
North Macedonia1Tonnes: 33USD per tonne: $31,661,81434.1%Air
Hong Kong re-exports0.34Tonnes: 9USD per tonne: $37,394,41011.2%Air
United States0.28Tonnes: 12USD per tonne: $23,918,8959.1%Air
China0.26Tonnes: 9USD per tonne: $27,445,0498.6%Air
South Korea0.26Tonnes: 6USD per tonne: $43,080,9108.6%Air
Germany0.21Tonnes: 7USD per tonne: $32,573,5337%Air
Poland0.16Tonnes: 5USD per tonne: $31,732,4075.2%Air
Italy0.1Tonnes: 3USD per tonne: $31,765,8483.2%Air
Japan0.09Tonnes: 3USD per tonne: $28,279,2353.1%Air
India0.05Tonnes: 2USD per tonne: $21,554,1621.5%Air
Switzerland0.04Tonnes: 2USD per tonne: $22,206,7191.5%Air
Argentina0.04Tonnes: 1USD per tonne: $40,176,5231.3%Air
Ireland0.03Tonnes: 1USD per tonne: $23,447,1021.1%Land
Spain0.03Tonnes: 1USD per tonne: $25,590,4521.1%Air
United Arab Emirates0.02Tonnes: 1USD per tonne: $31,488,9930.79%Air
Austria0.02Tonnes: 1USD per tonne: $21,718,8570.54%Air
Canada0.01Tonnes: 0USD per tonne: $32,967,4180.38%Air
Australia0.01Tonnes: 0USD per tonne: $36,229,7960.32%Air
Belgium re-exports0.01Tonnes: 1USD per tonne: $10,307,1760.23%Air
Brazil0.01Tonnes: 0USD per tonne: $46,314,1370.21%Air

Trend

Who it sells to

North Macedonia has been its main destination since 2022

Value in USD billions. The five largest destinations in 2024.

  • North Macedonia 1
  • Hong Kong 0.34
  • United States 0.28
  • China 0.26
  • South Korea 0.26

Source: CEPII BACI

Show the numbers
Partner19952024
North Macedonia01
Hong Kong0.030.34
United States0.150.28
China< 0.010.26
South Korea< 0.010.26

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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